fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

50 Springfield Road, Shepshed, Loughborough, Leicestershire LE12 9QP

Lot no: 158 Withdrawn
 

Guide Price £127,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 25th April 2024

9.00am
Key Features
  • Four letting bedroom HMO property
  • Current income is £18,840 per annum
  • Gas central heating and UPVC double glazing
  • Good letting location with great transport links
  • EPC Rating: D
  • Council Tax Band: A
Add to favourites
Withdrawn

House of Multiple Occupation

Property Description:

A four bedroom HMO property situated close to Shepshed centre.

The property is currently let to four individuals at a combined £18,840 per annum (inclusive of bills).

Well presented and benefiting from gas central heating and UPVC double glazing.

Well placed for local amenities and having excellent transport links with the M1 mortorway only a mile away and good public transport links to Loughborough and the University.

A great investment with income from day one.

Communal Lounge 3.82m x 3.37m (12ft2 x 12ft5)

With radiatior, stairs off and window to rear aspect.

Fitted Kitchen - 3.64m x 1.96m (11ft9 x 6ft4)

A modern range of wall and base cupboards, integrated oven, hob and extractor. Sink with drainer. Window to side elevation. Space for a washing machine and free-standing fridge. Door to the rear garden.

Bedroom Four 4.07m x 3.82m (13ft3 x 12ft5)

Radiator and bay window to front aspect.

Shower Room

Recently refitted with a modern suite comprising of low flush w.c. wash hand basin and shower cubicle and small window.

Landing

With access to the three first floor bedrooms.

Bedroom One - 3.83m x 3.53m (12ft5 x 11ft5)

With radiator and window to front.

Bedroom Two - 3.78m x 2.90m (12ft4 x 9ft5)

With radiator and window to rear.

Bedroom Three - 3.65m x 1.98m (11ft9 x 6ft4)

With radiator and window to rear.

Outside

Small garden to front and good size rear garden with patio seating area and lawn.

Parking Arrangements:

On Street Parking.

Construction Material:

Solid brick, as built, no insulation (assumed).

Water Supply:

Mains.

Sewerage Arrangements:

Mains.

Electric Supply:

Mains.

Mobile Phone Coverage:

O2, EE, Three, Vodafone available.

Broadband:

Standard - 19 mbps and Ultrafast - 1000 mbps available.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Part let/part vacant.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of £1,500 inc. VAT

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.